Senior Vice President (SVP), Operations Salary

Salaries for Senior Vice Presidents of Operations in the United States are generous, with average pay above six figures ($149K) per year. Cash earnings of Senior Vice Presidents of Operations — including $76K in bonuses, $40K in profit sharing proceeds, and $60K in commissions near the top of the pay scale — stretch from approximately $91K to approximately $280K depending on individual performance. The most important factor affecting compensation for this group is geography, followed by experience level and the individual firm. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. Making up 73 percent of those who took the survey, male Senior Vice Presidents of Operations greatly outnumber their female counterparts. Job satisfaction is reported as high by the vast majority of workers. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$86,052 - $226,695
(Median)
$86K
$150K
$230K
MEDIAN: $149,035
10%
50%
90%

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$19.13 - $63.99
(Median)
$19
$30
$64
MEDIAN: $30
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$86,052 - $226,695  
   
Bonus
$2,449 - $75,555  
Profit Sharing
$1,957 - $39,950  
Commission
$0.00 - $60,402  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,961 - $279,778  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,529
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.13 - $63.99  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,449 - $75,555  
   
Commission
$0.00 - $60,402  
Profit Sharing
$1,957 - $39,950  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,961 - $279,778  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 13
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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations may not see large compensation differences if they transition into an upper-level role such as Chief Executive Officer. Chief Executive Officers on average make about as much as Senior Vice Presidents of Operations do. Senior Vice Presidents of Operations most frequently become Chief Operating Officers and Presidents even though median compensation is $35K lower and $21K lower, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Although Bank of America Corp. (BOFA) heads up the field in terms of compensation, offering the highest median salary at $167K, pay at this particular employer still varies considerably, running the full spectrum from $97K to $225K.

The pay scale is far from balanced at Citibank. While salaries on one end can reach $231K, the company's median pay sits at $151K, the lowest in the industry.

Popular Skills for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations generally report applying a varied skill set to their work. Most notably, skills in People Management, Team Leadership, Strategic Planning, and Leadership are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Sales Management and Risk Management / Risk Control also typically command lower compensation. For most people, competency in Operations Management indicates knowledge of Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Senior Vice Presidents of Operations generally obtain higher compensation for more plentiful past experience. New workers enjoy hefty six-figure paychecks when they take on this position — $104K per year is the median for people who claim less than five years' experience. Senior Vice Presidents of Operations with one to two decades of relevant experience report an average salary of approximately $173K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $185K.

Pay Difference by Location


Boston is home to an above-average pay rate for Senior Vice Presidents of Operations, 52 percent higher than the national average. Senior Vice Presidents of Operations will also find cushy salaries in Philadelphia (+31 percent), San Diego (+28 percent), Minneapolis (+26 percent), and Dallas (+19 percent).

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Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$172,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

People Management
up arrow 11%

Team Leadership
up arrow 3%

Strategic Planning
up arrow 2%

Leadership
up arrow 1%

Operations Management
0%

National Average
$172,000


Risk Management / Risk Control
up arrow 12%

Sales Management
up arrow 15%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 293 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

1-4 years
2%
5-9 years
7%
10-19 years
36%
20 years or more
55%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 8%
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